The top 5 retail news clips in Asia this week.

1 – China’s healthy snack trend creates opportunities

China’s healthy snack trend is creating massive opportunities for FMCG companies and retailers according to a new report from research house Mintel. >>

2 – Path-to-purchase online now involves multiple devices

Most retailers are failing to measure the impact of different devices on the path-to-purchase online, according to the authors of a new research paper. >>

3 – Forever 21 in big rollout of sister banner

Forever 21 announced a major expansion of its F21 Red division. The fast-fashion retailer plans to open more than 40 F21 stores across the United States in 2017. The first three are scheduled to open in April, in San Antonio, Texas; Bronx, New York, and Chicago. >>

4 – Burberry, Louis Vuitton and Tory Burch lead the way in digital performance, says report

The fifth edition of Contactlab and Exane BNP Paribas’ ‘Digital Competitive Map’ measures the progress of luxury brands in adapting to the trend of increasing online sales [the companies said online retail sales in the UK have increased by over +20% since their last report]. >>

The top 5 retail news clips in Asia this week.

1 – Anta Sports plans $488m share sale to fund acquisition

ANTA Sports Products Ltd plans to raise HK$3.79 billion (401 million pounds) in a share sale to fund tie-ups and acquisitions of international sportswear brands. >>

2 – The fastest growing economies in east Asia in 2017

Here are the countries that the World Bank projects will grow fastest in East Asia and the Pacific this year. >>

3 – Facebook rolls out new shopping ad format “Collection”

Facebook has launched a new shopping ad format called Collection for marketers which will help them drive retail sales on mobile. The Collection ad format allows marketers to have a video/image on top of the ad with four more products from the retailer showing below it. >>

The top 5 retail news clips in Asia this week.

1 – Highest conversion rate for beauty amongst Chinese

According to a new Chinese traveller & shopper report from CiR the beauty category boasts the highest conversion rate amongst shoppers, and Tier 2 shoppers have a strong propensity to purchase in confectionery, jewellery & watches categories. >>

2 – Chinese e-commerce firm JD.com’s revenue jumps 47 percent

Amid fierce competition, JD has sought to diversify into data, cloud and finance services. It has also expanded its offerings of fast moving consumer goods including household supplies and grocery products. >>

3 – Korea : Demand for rental services soars

According to big data analysis firm Daumsoft, online mentions of “rental service” on blogs and Twitter more than doubled over the past three years from 75,300 in 2014 to 177,003 in 2016, and now include more lower priced goods, with shorter rental periods. >>

4 – Solid year for revitalised Dairy Farm International

Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results, with food, home furnishings and restaurants delivering higher profits. >>